Tuesday, November 18, 2014

European Car Sales Rise 6.2% in October

European new car sales rose 6.2 percent in October from year-ago levels as volume and premium leaders including the Volkswagen and BMW groups recorded stronger demand in key markets.

Passenger-car registrations in the European Union (EU) and the countries of the European Free Trade Area (EFTA) increased to 1.113 million vehicles last month, from 1.047 million a year earlier, the Association of European Carmakers (ACEA) said on Tuesday.

Demand picked up in all major countries except France and rose in seven of the region’s top-10 markets, according to ACEA.

via CNBC

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